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Sui ecosystem projects: 41 on NAUT, 28 with a funding round

By NAUT Research · · 7 min read

41 Sui ecosystem live Sui-tagged companies on NAUT, 28 with a funding round. Logos: Sui, Walrus, Mysten Labs, Bluefin, Ika, Momentum Finance, Swarm Network, Talus Network, Suilend, MSafe, RWA DePIN Protocol, Scallop.

NAUT tracks 41 live Sui ecosystem projects as of 4 November 2026, companies whose NAUT record tags Sui as a home network. 28 of the 41 carry at least 1 announced funding round on NAUT's record, 26 of those disclose an amount and add up to $597,536,750, and 35 of the 41 have launched a token.

How this list was built: on 4 November 2026 NAUT read every live, non-archived company row tagged with the Sui chain, 67 rows in all. 24 came out because Sui is 1 of 5 or more chains on the row, which makes the row a multichain product rather than a Sui-ecosystem build. 2 more came out after reading the row's own description: bitcastle Token, a centralised exchange platform whose BCE token carries the tag, and xMoney, a payment product whose only funding row is a $21,000,000 ICO dated 2017-11-02, 6 years before Sui went live. That leaves the 41 below. Mysten Labs, the company that built Sui, stays in the 41 and is left out of the funding figures: its NAUT record holds 6 investment rows dated 2023, including 2 identical $22,500,000 entries and 2 identical $750,000 entries on the same date, so the stored total looks double-counted. NAUT put 12 claims about 10 of the 43 shortlisted rows to outside sources on 4 November 2026. 11 of the 12 came back confirmed with the quote found on the page or with a second source, and they cover 8 of the 41 projects below. The other 33 rows are published from NAUT's own stored data: 32 never had an outside claim read, and 1 (Ika) had a claim the sources did not support, so that claim is left out. Anyone listed can ask NAUT to remove their page at https://naut.so/legal/data-deletion.

Which Sui ecosystem projects have raised the most?

These 26 Sui ecosystem projects carry a funding round with a disclosed amount on NAUT, ranked by total disclosed raise as of 4 November 2026. Rounds is the number of investment rows NAUT holds for the company, and Token is the ticker where the token has launched. Each row's sector tags sit in the sector table further down and on its NAUT page.

Project Token Rounds Raise
SUI 2 $336,000,000
WAL 1 $140,000,000
BLUE 3 $29,550,000
IKA 3 $26,000,000
MMT 6 $16,000,000
TRUTH 1 $10,000,000
US 3 $10,000,000
SEND 2 $6,000,000
MMT 1 $5,000,000
SUIRWAPIN 8 $3,026,750
SCLP 2 $3,020,000
Pre-launch (REAP) 6 $2,420,000
NAVX 2 $2,030,000
Pre-launch (SUIP) 6 $1,815,000
TURBOS 4 $1,535,000
MOVE 3 $1,485,000
SUIDEPIN 3 $945,000
BUCK 1 $750,000
SUIRWA 3 $445,000
SUIAI 4 $431,000
ARTFI 2 $365,000
E4C 2 $340,000
WAV 2 $200,000
BLUAI 1 $109,000
MEMEFI 1 $40,000
DEEP 1 $30,000

2 more of the 28 funded rows sit outside that table. Cetus holds 1 investment row with no amount disclosed, and Mysten Labs holds the 6 rows described above. Ika's 3 rows include 2 pre-seed entries of $5,000,000 each, 1 dated 2022-08-18 and 1 undated, so its round count may cover 2 tranches of the same raise.

Outside sources back 4 of the raises at the top of that table. For Sui, CNBC reported a $36,000,000 round in December 2021, "in a funding round led by Andreessen Horowitz", and CoinDesk and The Block both reported a $300,000,000 round at a $2,000,000,000 valuation led by FTX Ventures in September 2022, the pair of rows behind NAUT's $336,000,000. Walrus Foundation's own blog post says "Walrus Foundation secures $140M in fundraising led by Standard Crypto", dated March 2025. CoinCarp and Crunchbase both record Bluefin, formerly dTrade, taking $22,800,000 on 14 September 2021 with backers including Alameda Research, Hypersphere Ventures, CMS Holdings and Polychain Capital.

How much has each of the top Sui ecosystem projects raised?

Total disclosed raise, the 9 largest of the 26 Sui projects with an amount on NAUT
  1. Sui$336M
  2. Walrus$140M
  3. Bluefin$29.55M
  4. Ika$26M
  5. Momentum Finance$16M
  6. Swarm Network$10M
  7. Talus Network$10M
  8. Suilend$6M
  9. MSafe$5M

Sui itself and Walrus hold 79.7% of the $597,536,750, so a founder benchmarking a Sui raise should read the 24 rows below them: 73 investment rows across the 26 companies, 13 of them totalling under $2,000,000.

Which Sui ecosystem projects have launched a token, and which have no round on NAUT?

35 of the 41 have a live token and 6 are pre-launch. These 13 projects carry no investment row on NAUT as of 4 November 2026, which makes them the rows where a raise, a grant or a treasury deal is not yet on the record.

Project Sectors on NAUT Token
AI Pre-launch (SUIAGENT)
Not tagged Pre-launch
GambleFi UP
DEX Pre-launch
DEX, CEX, DeFi FLX
DeFi, DEX MAGMA
Infrastructure SUI
DeFi Pre-launch
Gaming XO
AI, Infrastructure AIA
DeFi HAEDAL
RWA
Gaming TAKE

Sui Foundation is a separate NAUT row from Sui and shares the SUI ticker with it. The $336,000,000 and the 2 rounds belong to the Sui row, and the foundation row carries no funding.

Several of these rows are live products with a confirmed description. Sui's own developer documentation says "DeepBook is Sui's native liquidity layer, providing a central limit order book". Gate's research page calls Haedal "a liquid staking infrastructure designed specifically for the Sui blockchain. Users stake SUI tokens".

Which sectors do these Sui blockchain companies sit in?

NAUT's sector tags across the 41 rows, counted by tag, so a row with 3 tags counts in 3 lines below.

Sector tag Projects One to open first
DeFi 14
DEX 10
AI 9
Infrastructure 7
RWA 4
Gaming 4

What this tells a BD team

  • The 26 funded rows are the shortest path to a budget holder: 73 investment rows sit behind them, and each company's NAUT page lists the team NAUT holds for it.
  • 13 of the 26 disclosed under $2,000,000 in total, so a pilot-sized contract fits them better than an enterprise deal.
  • DeFi and DEX carry 14 and 10 of the 41 rows' tags, so liquidity, custody, audit and market-making vendors have the widest list to work.
  • The 13 rows with no investment record are the ones to watch rather than pitch on budget today.
How a BD team can work the Sui list
  1. Start with the funded 26$597,536,750 disclosed, led by Sui at $336,000,000 and Walrus at $140,000,000.
  2. Split by cheque size13 of the 26 total under $2,000,000, so pitch a pilot before a platform.
  3. Pick the sectorDeFi carries 14 tags and DEX 10, from Suilend to Bluefin.
  4. Find the personOpen the company's NAUT page for its team, then unlock the channel on a paid plan.

What this tells a founder raising on Sui

  • NAUT's record holds 73 investment rows across the 26 funded companies with a disclosed amount, so the Sui comparables for a seed or strategic round are public and countable.
  • The 2 rounds behind Sui's $336,000,000 were led by Andreessen Horowitz in December 2021 and FTX Ventures in September 2022, per CNBC, CoinDesk and The Block, so a Sui-native pitch has a funding history from 2021 to 2025 to cite.
  • Walrus, whose own site says "Created by Mysten Labs, Walrus is the data platform within a broader ecosystem", is the largest raise in the list outside the chain itself at $140,000,000.
  • Momentum Finance's docs call its DEX "the flagship product of the ecosystem, a concentrated liquidity market maker", and NAUT holds 6 investment rows and $16,000,000 for it. A second NAUT row carries the same first name, MSafe, a wallet row with $5,000,000.
How a founder can use the Sui comparables
  1. Price the round13 of the 26 funded rows total under $2,000,000, and 4 are above $26,000,000.
  2. Read the leadsa16z led Sui's $36,000,000 Series A and Standard Crypto led Walrus at $140,000,000.
  3. Shortlist the backersOpen the round rows on each company's NAUT page for the firms on the record.
  4. Check who is adjacent9 of the tags are AI and 4 are RWA, so pick comparables in your own lane.

How to reach the teams behind these projects

Every project above links to its NAUT page, which shows the people NAUT holds for that company with their role and X handle. Scallop is a worked example: Gate's research page describes it as "a decentralized lending protocol built on the Sui blockchain. It allows users to deposit idle assets", and its NAUT page carries the team and the token record behind that product. Verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so start a 7-day trial to reveal a channel.

Related reading on NAUT: Layer 1 blockchains list: 127 chains, 120 with a token and Decentralized exchanges list: 196 DEXs on NAUT, 37 run perps.

Can you pull this data through the NAUT API?

Yes. GET https://api.naut.so/v1/projects?q=sui&limit=100 returns the project rows behind this article with their sectors and token status, and GET https://api.naut.so/v1/projects/sui returns 1 company with its team, each call costing 5 credits with the header Authorization: Bearer $NAUT_KEY. A key is minted at naut.so/developer, the parameters are documented at naut.so/docs/api, and plans start at $49 a month for 3,000 credits on naut.so/pricing. Verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so start a 7-day trial to reveal a contact channel.

Sui ecosystem projects FAQ

What projects are building on Sui?

As of 4 November 2026, NAUT lists 41 Sui ecosystem projects whose record tags Sui as a home network, among them Sui, Walrus, Mysten Labs, Bluefin, Cetus, Suilend, DeepBook and NAVI Protocol. Their NAUT tags include 14 DeFi rows, 10 DEX rows, 9 AI rows and 7 Infrastructure rows.

How much funding have Sui ecosystem projects raised?

26 of the 41 Sui ecosystem projects NAUT tracks disclose a funding amount, $597,536,750 in total as of 4 November 2026, led by Sui at $336,000,000 across 2 rounds and Walrus at $140,000,000 in 1 round. 2 further funded rows, Cetus and Mysten Labs, stay outside that total.

Which Sui DeFi projects are on NAUT?

DeFi is the most common tag on the list, on 14 of the 41 rows as of 4 November 2026, with DEX on 10. Suilend, Scallop, NAVI Protocol, Cetus, Turbos Finance, FlowX Finance, Magma Finance, Haedal and Volo all carry a DeFi or DEX tag on their NAUT page.

Which Sui projects have a live token?

35 of the 41 Sui ecosystem projects on NAUT have launched a token as of 4 November 2026, including SUI, WAL for Walrus, BLUE for Bluefin, CETUS for Cetus, DEEP for DeepBook and SEND for Suilend. The other 6 are pre-launch.

Where can I find the teams behind Sui ecosystem projects and their contact channels?

NAUT holds a company page for each of the 41 Sui ecosystem projects, listing the people on file with role and X handle, and GET https://api.naut.so/v1/projects?q=sui&limit=100 returns the same rows for 5 credits. Verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so start a 7-day trial to reveal a channel.

Sources

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